Single-Family Home Inventory Up YoY in May
Despite housing inventory falling slightly to a 7.7 months’ supply month-over-month, the nation's supply was up 34.5% over last May, with 444,000 units available for sale. The post Single-Family Home [...]
U.S. Records 19k Foreclosure Starts in May
Black Knight Inc. has released a “first look” the latest iteration of its Mortgage Monitor Report for May 2022, which looks at delinquency and foreclosure rates across the U.S. According [...]
Demand for Vacation Homes Returns to Pre-Pandemic Norms
Vacation homes became all the rage early in the pandemic, with demand peaking at 90% above normal levels in March 2021. But today, the apparent demand for second properties or vacation [...]
The Week Ahead: Finding Balance Within Housing Inventory
In a battle for the nation’s limited housing stock, a panel of experts take to Capitol Hill to discuss SFR investment and its impact on the current marketplace. The post [...]
More Renters Seeking Warmer, Rural Areas
Out-of-state applicants for rental properties increased 42% from 2020 to 2021, according to a new data analysis from TransUnion. In that same period, rental applications in rural areas increased 28%, [...]
ROI on Home Flips Falls to Lowest Level Since 2009
Despite home-flipping rates reaching new highs, representing 9.6% of total home sales in Q1, ATTOM reports that profit margins on flips hit a 13-year low. The post ROI on Home [...]
HUD Allocates $30M+ in Funding for State, Local Fair Housing
The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced it has allocated $30.1 million in noncompetitive funding for HUD’s state and local fair housing enforcement agencies across [...]
On the Horizon: Insights From the JCHS
The Joint Center for Housing Studies at Harvard University takes a look at a few key datapoints, which give a better picture of how the market is faring as we [...]
Existing-Home Sales Retreat Nationwide
Existing-home sales retreated for the fourth consecutive month in May, according to the National Association of Realtors (NAR). Month-over-month sales declined in three out of four major U.S. regions, while [...]